Shutterstock Q1 Adj. EPS $0.58 Misses $0.93 Estimate, Sales $199.170M Miss $221.460M Estimate
Shutterstock (NYSE:SSTK) reported quarterly earnings of $0.58 per share which missed the analyst consensus estimate of $0.93 by 37.63 percent. This is a 43.69 percent decrease over earnings of $1.03 per share from the same period last year. The company reported quarterly sales of $199.170 million which missed the analyst consensus estimate of $221.460 million by 10.07 percent. This is a 17.91 percent decrease over sales of $242.620 million the same period last year.
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